R21 - Housing Demand - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T09:26:02+00:00International House Price Cycles, Monetary Policy and Risk Premiums
https://www.bankofcanada.ca/2014/12/working-paper-2014-54/
Using a panel logit framework, the paper provides an estimate of the likelihood of a house price correction in 18 OECD countries. The analysis shows that a simple measure of the degree of house price overvaluation contains a lot of information about subsequent price reversals.2014-12-10T09:13:11+00:00enInternational House Price Cycles, Monetary Policy and Risk Premiums2014-12-10Econometric and statistical methodsHousingWorking Paper 2014-54https://www.bankofcanada.ca/wp-content/uploads/2014/12/wp2014-54.pdfInternational House Price Cycles, Monetary Policy and Risk PremiumsGregory BauerDecember 2014CC2EE4E43RR2R21